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This can happen if you have redrawn from your loan.
If you’re thinking of changing your home loan to interest only, give us a call on 1300 44 55 66.
Keep in mind that this is available in periods of 1-5 years, and only up until the 10th year of your loan.
Before we get it all happening, we’ll also need to review your current loan status, and may need some additional documents.
You would have been given your customer number when your loan was settled – either via mail or SMS.
If you’ve lost your pin, just give us a call on 1300 44 55 66 and we’ll reset it for you.
Don’t forget, it’s a good idea to keep it safe and separate from your customer number. This could be a good way to save you money on the interest you pay.
But it’s worth noting that you may need to pay an early repayment fee.
The amount will depend on how much you still owe on your loan, and how long you have left on your term.
If you’d like to know more about this process, just give us a call on 13 13 55.
If you’d like to pay off your loan, just give us a call on 13 13 55 to find out your payout figure.
Once you have this you can make the payment via Direct Debit or BPAY®.
It’s worth making sure the payment is completed on the date nominated, and it’s for the exact amount quoted.